Grand Island Finance Co. v. Ridgeway

Nebraska Supreme Court

Grand Island Finance Co. v. Ridgeway

247 N.W. 433, 124 Neb. 521, 1933 Neb. LEXIS 80

Nebraska Supreme Court·Decided March 10, 1933·No. No. 28454·Published

Opinions

Rose, J.

This is an action of replevin for an automobile for the purpose of foreclosing a chattel mortgage thereon. The district court sustained the defense of usury, canceled the chattel mortgage and forfeited the principal debt and interest. Plaintiff appealed.

The case was tried with Grand Island Finance Co. v. Fowler, ante, p. 514, and for reasons stated in the opinion therein the judgment below is reversed, with directions to the district court to enter a judgment in favor of plaintiff and against defendant.

Reversed.

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Rose, J.

This is an action of replevin for an automobile for the purpose of foreclosing a chattel mortgage thereon. The district court sustained the defense of usury, canceled the chattel mortgage and forfeited the principal debt and interest. Plaintiff appealed.

The case was tried with Grand Island Finance Co. v. Fowler, ante, p. 514, and for reasons stated in the opinion therein the judgment below is reversed, with directions to the district court to enter a judgment in favor of plaintiff and against defendant.

Reversed.

Grand Island Finance Co. v. Ridgeway, 247 N.W. 433, 124 Neb. 521, 1933 Neb. LEXIS 80 (Neb. 1933).

Pincite

247 N.W. 433 (Grand Island Finance Co. v. Ridgeway) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.